How can companies gain a competitive advantage during economic uncertainty?

Companies can leverage automation technologies to improve operational efficiency and resilience, which can offer them a competitive edge during times of economic uncertainty.

Why is the automation industry important in times of global market uncertainty?

The automation industry provides innovative solutions that help businesses maintain operational continuity and efficiency, making it especially valuable during periods of economic uncertainty.

What is the future of task distribution between humans and machines?

According to a World Economic Forum statistic mentioned in the article, machines are expected to perform more tasks than humans by the year 2025, highlighting an increasing shift toward automation in various industries.

How to Use Economic Uncertainty to Gain Competitive Ground With Automation

Economic uncertainty is prompting companies to seek competitive advantages through automation. The automation industry offers innovative solutions that improve operational resilience. The 'Hai-er Automation' podcast episode discusses how businesses can leverage these technologies during uncertain times.

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By Software And Technology · June 8, 2023, 11:46 PM UTC

Key takeaways

Economic uncertainty is driving companies toward automation for competitive advantages.

Automation solutions provide businesses with operational resilience.

By 2025, machines are expected to perform more tasks than humans.

As economic uncertainty continues to grip global markets, many companies are finding unique ways to gain a competitive advantage. This is particularly relevant in the automation industry where innovative solutions are providing businesses with much-needed operational resilience. An interesting statistic from the World Economic Forum predicts that machines will perform more tasks than humans by 2025, which is incredible as they state that humans do 71% of the tasks today.

In a rapidly developing market like this companies must understand how to how to navigate the uncertainty and actually gain market share through the use of automation technologies. This is the challenge addressed in this episode of the “Hai-er Automation” podcast.

In this episode, host Michelle Mooney sits down with Brian Reinhart, Chief Revenue Officer at Hai Robotics. Together, they explore how businesses can use periods of economic uncertainty to advance their operations with automated storage and retrieval systems.

Brian Reinhart, with his extensive background in automation technology and a demonstrated history of generating growth in the industry, provides valuable insights and advice in this discussion.